12.03.2024 01:47:07

Patterson To Repurchase Up To $500 Mln Of Shares

(RTTNews) - Patterson Companies Inc. (PDCO) said that its board approved a new share repurchase authorization for the repurchase of up to $500 million of the company's common stock through March 16, 2027, replacing a prior authorization which was expiring and under which there was $194.9 million remaining.

The company also declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on, or about, May 3, 2024, to shareholders of record as of the close of business on April 19, 2024.

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